Cervera Program

The Ministry of Science, Innovation and Universities has welcomed the presentation of the new ‘Cervera’ Program, to finance with 600 million euros the innovation of small and medium-sized companies and technology centers. These resources are distributed in 500 million in loans to SMEs and midcaps, 80 million for a guarantee fund that provides loans to companies and 20 million in grants for a call for technology centers.

It will start in the first quarter of 2019, boosting its integration in the R & D & I system. Through this call will be granted for the first time basal funding for technology centers, with a grant of 20 million euros of grants to enhance the capabilities of technology centers in the so-called priority technologies Cervera: advanced materials, eco-innovation, energy transition, intelligent manufacturing, technologies for health, safe and healthy food chain, deep learning, artificial intelligence, advanced mobile networks, intelligent transport and information protection.

In addition, the minister highlighted the high innovative capacity of small and medium-sized Spanish companies to deal with projects that involve complex challenges, as evidence that Spanish SMEs are leaders when receiving funding from the European research and innovation program, Horizonte2020.

Through this program, 500 million euros will be financed in loans for R & D projects carried out by SMEs and midcaps – in collaboration with technology centers – with a non-reimbursable tranche of 33% of the aid and a financial coverage of up to 85% of the Eligible budget. For this, public financing of 250 million euros in 2019 and 250 million for 2020 is planned.

The Ministry of Science, Innovation and Universities and the CDTI have designed an innovative program through the so-called funds of technical provisions that will allow companies to access financing without just presenting guarantees, thanks to a provision fund of 80 million euros .


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